Statistics for Management

Statistics for
Management

Cover Content
 Introduction
 Definition of Statistics
 Key characteristics of Statistics
 Overview of statistical methods
 Types of data
 Sources of data
 Difference between a sample and a population
 Value of statistical methods

Cover Content
 Difference between Differential and Inferential Statistics
 Key findings
 References

INTRODUCTION
Statistics applies to a data gathering, structure, study and understanding
in numerical research. It offers a range of methods for modelling and
forecasting organizational data, which helps to make decisions about
accounting, advertising as well as other services. The current document
will gather in-depth quantitative management understanding, such as its
use to solve company difficulties. Samsung is selected as a developer,
supplier and retailer in the UK for such a research, which deals with
electronics.